ParStream Builds a Strong Business Team in Silicon Valley

ParStream, a recognized leader in Real-Time Big Data Analytics, announced today that Conrad Essen and Dr. Amitabh Shah have joined the organization as Vice President of Sales and Vice President of Business Development, respectively. Conrad and Amitabh, each with over 20 years of software industry experience and with strong knowledge of enterprise applications, databases, and global business, will enable ParStream to expand sales and partnerships worldwide.

"ParStream is gaining momentum in the US and global markets with our patent-pending ParStream technology," states Michael Hummel, Chief Executive Officer. "As our business expands, we need senior talent to develop our sales and business development strategies to drive growth for the business and also maintain ParStream's extreme focus on customer satisfaction. Conrad and Amitabh are perfect fit for their respective roles and bring very relevant industry experience with them. We are excited to have them join our executive team."

Conrad Essen spent the last seven years with Oracle as the Director of Sales, where he delivered significant sales results in new business. He held the position of Vice President of Sales at TimesTen for seven years prior to Oracle's acquisition of the real-time database company. During his tenure at Sun Microsystems he led sales and customer marketing teams; his last role was District Sales Manager at SunSoft. In his new role at ParStream, Conrad will focus on building global customer relationships and driving business growth in the USA.

Dr. Amitabh Shah came to ParStream from Cisco, where he spent seven years in global business development focusing on strategic partnerships in the Emerging Markets geography, working with major systems integrators and the Cisco Channel partners. Previously, he led Vitria Technology's telecom solutions business, making Vitria the top Enterprise Integration platform for the telecom market. He started his career at Digital Equipment, where he co-authored TPC Benchmark C, one of the most widely used OLTP benchmark in the world. In his new role at ParStream, Amitabh will focus on technology, systems integration and reseller partnerships globally, and help define the company's vertical markets strategy.

"This new role will leverage the skills and knowledge I've obtained throughout my career in creating the new team that will maximize ParStream's unique technology" Essen said. "I look forward to executing sales strategies that will bring real-time big data analytics to many different industry verticals."

"ParStream's Real-Time Big Data Analytics platform is going to solve very difficult problems that require extremely fast response times while dealing with huge amounts of streaming data in conjunction with historical data," added Dr. Shah. "I see tremendous opportunities in working with partners to deliver game-changing solutions to our customers."

About ParStream

ParStream, founded in 2007, specializes in developing High-Performance Analytical Database Systems as a platform for highly scalable and real-time Big Data analytic solutions. ParStream is headquartered in Cologne Germany, with US operations in Redwood City, CA. ParStream is funded by Khosla Ventures and other institutional and angel investors.